Exchange regulation refers to the laws and guidelines that govern the operation and management of cryptocurrency exchanges. These regulations vary from country to country and can include rules related to licensing, customer identification, anti-money laundering (AML) and know-your-customer (KYC) procedures, and reporting requirements. The goal of exchange regulation is to protect consumers and prevent illegal activities such as money laundering and fraud. Some countries have implemented strict regulations, while others have taken a more hands-off approach. It’s important for traders to be aware of the regulatory environment in the country where the exchange they use is located.
